Snoop Dogg snaps up his original label Death Row Records February 10, 2022 Snoop Dogg has bought Death Row Records, the label that helped launch his career with the release of his 1993 debut album, Doggystyle.
End of work from home gives TfL a well-deserved boost to ridership February 10, 2022 Transport for London (TfL) received a well-deserved boost following the end of the ‘work from home’ order. According to data released today, since restrictions were lifted on 19 January, Tube ridership numbers have increased 25 per cent, reaching 60 per cent of pre-pandemic levels. As workers flock back to the Square Mile, stations closest to [...]
Neat Burger eyes further sites ahead of Canary Wharf opening February 10, 2022 Neat Burger is readying a Canary Wharf store after opening a flagship site in Bishopsgate last month. The plant-based group will open its site in the financial district on 16 February, as the chain hopes to entice office workers looking to make healthy choices. The brand has seen delivery orders in the Square Mile and [...]
Explainer-in-brief: Peloton to ride high again February 10, 2022 They were the darling of the pandemic, and then they flopped. The American exercise bike company Peloton was a 15-minute story of fame for the ages. Its fortunes soared as the likes of Rishi Sunak and Miley Cyrus bragged about their secret spinning habit, but after gyms reopened, they floundered. Even more so after they [...]
Uber shares jump after food delivery service reports profits for first time February 10, 2022 Uber shares last night jumped more than 6 per cent in post-market trading after its food delivery service, Uber Eats, reported its first profit ever. In the fourth quarter of 2021, Uber Eats reported a $25m EBITDA profit, while Uber’s revenue grew 83 per cent to $5.8bn, beating analysts’ forecast of $5.36bn. The group’s mobility [...]
Ofgem to overhaul smart meters in push for surge pricing February 10, 2022 Millions of households will face surge pricing within the next three years, amid the push for net zero and greater energy efficiency.
Wealth manager Blackrock to offer crypto trading, say reports February 10, 2022 The world’s biggest asset manager Blackrock is reportedly planning to offer crypto trading to its investor clients.
Kuwaiti firm defends £468m takeover proposal following Menzies snub February 10, 2022 NAS, the Kuwait company that proposed to take over UK aviation services provider John Menzies, has defended the £468m bid, saying it had taken into consideration Menzies’s debt levels and ability to generate free cash flows. “We have made an attractive offer that we urge Menzies’ shareholders to consider carefully. Our offer represents a 76 per cent [...]
Redrow increases profit as order book hits £1.5bn February 10, 2022 Redrow, one of the UK’s largest house builders, has reported a 16.6 per cent increase in profit as the order book hit £1.5bn. In the 27 weeks to 2 January, the FTSE-250 group registered a record revenue of £1.052bn, with operating margins returning to normalised levels of around 19.5 per cent, one year ahead of [...]
Relx beats expectations for full year earnings as profits hit £1.69bn February 10, 2022 Telecoms, media and tech group Relx has beaten full year earning expectations with investors pocketing 87.6p per share amid soaring profits.
